The McGraw-Hill Companies Named to 2010 Dow Jones Sustainability Indexes
NEW YORK, Sept. 27 /PRNewswire/ -- The McGraw-Hill Companies (NYSE: MHP) today announced it has been named to the Dow Jones Sustainability Indexes (DJSI) in recognition of the Corporation's commitment to superior sustainable development in its business operations. McGraw-Hill has been recognized as a sustainability leader by both the DJSI World Index and DJSI North America Index.
"We are committed to serving as a responsible and sustainable corporate citizen wherever we operate, and to creating a smarter, better world. Our approach has lessened the company's environmental footprint and offered greater hope for improved standards of living in communities around the globe," said Harold McGraw III, Chairman, President and CEO of The McGraw-Hill Companies. "We are proud to be recognized for our leadership in responsible business practices, and as we look to the future, we will be guided by the same core values of integrity, quality and independence, which have defined our company for more than 120 years."
Launched in 1999, the Dow Jones Indexes together with SAM, an investment boutique focused exclusively on sustainability investing, review companies annually on a range of issues including corporate governance, environmental policy, climate strategy, supply chain standards and labor practices. Only 10 percent of the world's largest corporations are selected for the DJSI World Index.
In 2009, McGraw-Hill underscored its commitment to enhancing the economic, social and environmental well-being of the communities it serves through several initiatives, which have led to:
- Reducing the consumption of printing paper by a third in 2009 as compared to 2008. In addition, 30 percent of the office paper used in 2009 had recycled content.
- Use of 100 percent corrugated recycled paper and plastic shrink wrap for all packaging within the United States.
- Cutting the number of total shipping cartons used from 2.59 million in 2008 to 2.37 million in 2009.
The Corporation's commitment to corporate social responsibility was also recently spotlighted by being listed on the FTSE4Good Index Series, and the company has been ranked highly on Newsweek's Green Rankings Index and Corporate Responsibility Magazine's "100 Best Corporate Citizens."
McGraw-Hill's annual Corporate Responsibility and Sustainability Report provides detailed information on the Corporation's focus on sustainability, and describes its efforts in managing the impact of its operations on society and the environment. This report can be viewed at http://www.mcgraw-hill.com/Content/cr/corporate-responsibility-annual-report.pdf.
About The McGraw-Hill Companies
Founded in 1888, The McGraw-Hill Companies is a global information and education company providing knowledge, insights and analysis in the financial, education and business information sectors through leading brands including Standard & Poor's, McGraw-Hill Education, Platts, and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2009 were $5.95 billion. Additional information is available at http://www.mcgraw-hill.com/.
Release issued: September 27, 2010
Contacts for The McGraw-Hill Companies: |
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Jason Feuchtwanger |
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Director, Corporate Media Relations |
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(212) 512-3151 (office) |
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(347) 419-4169 (mobile) |
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Emily Porro |
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RF Binder Partners |
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(212) 994-7538 (office) |
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(646) 637-3890 (mobile) |
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SOURCE The McGraw-Hill Companies
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